Italian 2026 Finance Law – Key Tax Measures: Reduced Tax Rate for Middle Incomes | Flat-tax/HNWI“new-resident” regime adjustments (for high net-worth individuals) | Incentives / “flat tax” regimes for employment income| Continued incentives for investments and capital goods (businesses) | Tax-collection and “fiscal-relief” measures: debt-collection amortization, freeze for property-transfer taxes | Tax treatment of dividends, capital gains, and financial income | Sectors/Special Taxes: financial intermediaries, “windfall” taxes, bank levy

Wills, Succession and Inheritance Taxes

Treaties between Italy and the U.S.

Italy has agreements with the U.S. for the avoidance of double taxation – covering mainly income taxes, social security and gift, estate and inheritance taxes.  

Income Tax Treaty (Double Taxation Convention)

Convention Between the Government of the United States of America and the Government of the Italian Republic for the Avoidance of Double Taxation With Respect to Taxes on Income and the Prevention of Fraud or Fiscal Evasion.
Signed: 25 August 1999 In force: 2009 (after ratification)

 

Official Italian links

Italian Ministry of Economy (MEF) treaty archive (PDF)

(Their site structure changes often; the treaty is usually under “Documentazione tributaria” → “Convenzioni contro le doppie imposizioni”.)

Embassy of Italy in Washington (summary + links)

Official U.S. links

IRS treaty page (full text + technical explanation)

Direct PDF of the 1999 treaty

Technical Explanation (U.S. Treasury)

Estate & Inheritance Tax Treaty

Convention Between the United States of America and the Italian Republic for the Avoidance of Double Taxation With Respect to Taxes on Estates and Inheritances. Signed: 30 March 1955 

 

Official Italian links

Embassy of Italy in Washington (treaty summary + link)

Official U.S. links

IRS estate & gift treaty

Direct PDF (U.S. Treasury)

Social Security Agreement

Agreement Between the United States of America and the Italian Republic on Social Security
Signed: 23 May 1973  In force: 1 November 1978

Purpose:

  • Avoidance of  double social‑security contributions
  • Coordinate pension rights
  • Totalization of contribution periods

 

Official Italian INPS link

INPS page on the U.S.–Italy Social Security Agreement

 

Official U.S. SSA links

SSA Italy Agreement page (summary)

Full SSA booklet (PDF)

If you have any questions , feel free to contact us.